Nikkei Surges 700 Points as Dow Hits Record, Boosting Major Stocks

The Nikkei Stock Average in Tokyo experienced a significant surge, with the index temporarily rising over 700 points, driven by gains in Wall Street stocks. The Nikkei opened higher, reflecting positive sentiment from the U.S. market, particularly the Dow Jones Industrial Average setting new records. The index continued to climb, reaching a high of 39,000 yen before closing the morning session at 38,868 yen, up 584 points. This rally was attributed to the Dow's record highs, boosting investor confidence in major stocks.